Proof the Media doesn’t know what a ‘loophole’ is

Proof the Media doesn’t know what a ‘loophole’ is
CBS News recently posted a story about the California bill to “close [a] tax loophole.” Apparently, by “loophole” they mean “changing the very clear and concise and purposeful instructions created two years ago.” State income tax is generally determined by taking the Federal Taxable Income and tossing in whatever adjustment the state deems necessary. For ...

But There’s no Sales Tax on Amazon

But There's no Sales Tax on Amazon
Sorry to break it to you, but you DO owe sales tax on your online purchases. Well, use tax, actually, but it’s basically the same thing. Amazon, however, doesn’t have to collect the tax, unlike your friendly 5 and Dime down the street (I’m actually not sure what a 5 and Dime is, but old ...